Ethereum is trading at a crucial support zone and there can be a reversal.
Though, on a 60 minute time frame, the moving averages crossover is showing some bearish trend.
On a 15 minute time frame, the coin taking support for the zone and strong bullish candle are being formed.
Support :- 2945,2850
Resistance :- 3020, 3100
Watch for the candle to close above...
btc chart weekly identfied head and shoulder pattern
LONG target 39000-41000 ( weekly stoploss 33000)
but long trendline breakdown..!
BUT primary support AND SND here 30000- 29000-25000 there is buy here( chances or not chances or nothing ) but any way!
more than goodluck your profitsssss
2 possible scenarios with Bitcoin . It will either bounce from Zone 1 or further fall to Zone 2 which is a stronger Demand Zone. Also the sharply falling StocRSI suggests it could likely fall to Demand Zone 2.
Unless we see a strong reversal on the 4hr and 2hr TFs this trend will likely not change!
I swear by the StochasticRSI. It's probably one of the best...
ETHEREUM believe me I haven't seen such a chart in 3-4 months .
it is going up just trust me .and you ll make money.
or just look at the chart and fall in love with it.
first time not giving a stop loss .
BTCUSD seems to be moving in an upward direction, considering the fact that it hasn't made any Wicks on Monthly candles like the last time when it made its Highs.
From where, we could easily be targeting a Level of around $30000, What do you guys think?
Bitcoin (BTCUSD) peaked at $10,074 on the 7-May and prices are now trading near the $9000-$9300 price range.
Bitcoin is no longer trading near resistance, now it is going towards support.
I saw some signals out of the charts and technicals that are really strong and pointing to a drop.
Mondays can be bloody for Bitcoin so please be cautious.
Let's take a look at Bitcoin's ( BTCUSD ) peak prices since ATH in December 2017.
First, we have Bitcoin's All-Time High ( ATH ) sitting at $19891.99.
A higher low hit in June 2019 at $13868.44.
Then we have a recent peak in February 2020 at $10522.51.
On the 30th of April, another peak was hit at $9478.66.
We are looking at lower highs.